JPYC reached only about a quarter of its circulation target in its first year, with 3.2 billion yen outstanding as of October 23 against 12.1 billion yen issued cumulatively. CEO Noritaka Okabe blamed a 1 million yen per-transaction cap for Type II funds transfer providers for slowing corporate adoption, even as the token has partnerships with AZ-COM Maruwa, SBJ Bank and LINE NEXT. Circulation briefly topped 4.2 billion yen in September after Upbit listed the token, before falling back to around 3 billion yen. Okabe is targeting tenfold growth, to tens of billions of yen, in the second year.
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BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/26/2026 | 80,150.56 |
| Change that session | 0.00% |
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